HomePath® Mortgage Financing

HomePath® Mortgage Financing

This special financing is available on Fannie Mae homes with the Homepath Mortgage, Renovation Mortgage logo:

The benefits include:

* Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate, or interest-only) * You may qualify even if your credit is less than perfect (Minimum Credit score required is a 660)* Available to both owner occupiers and investors * Down payment (at least 3 percent) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer * No mortgage insurance (Ask your lender for cost details on loans without mortgage insurance) * No appraisal fees * Also eligible for HomePath Renovation Mortgage (see details below) * HomePath Mortgage financing is available from a variety of lenders - both local and national.

HomePath® Renovation Mortgage Financing

This special financing is available on Fannie Mae homes with the Homepath Renovation Mortgage logo:

Available only on homes you make your primary residence and offers these benefits:

* Financing to fund both your purchase and light renovation * Low down payment and flexible mortgage terms (fixed-rate or adjustable-rate) * Down payment (at least 3 percent) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit, state or local government, or employer * No mortgage insurance* * HomePath Renovation Mortgage financing is available from several lenders.